Who’d want one? The EV market is collapsing. Porsche won’t take used Taycans in trade Audi is discounting their EVs hugely

THIS is the correct answer.

AND it would seem that most people are taking your advice…nice.

How many kids from the Congo did it take to make the battery?

​@jimsteinway695 The EV market won't collapse, in a rough spot? Debatable, but collapse? Fk no

Facts

Amen!!!!

How u gonna pirate a cybertruck?

That's good, but... how does this quote apply to this case?????.

​@@scorpiomelancholia1559you wouldn't download a car.

What kind of stupidness are you saying? If that’s the case then why doesn’t Tesla just sell them for $250k if that’s what people are willing to pay and then when they stop buying it for that price then bring the price down for everyone

This is not an example of "regulation". This is an example of the opposite. Regulation would be something like the government making it so that these clauses are rendered null and void - that is, _regulating_ what a contract can say and still be valid. The billionaire likes the system where the government does not interfere in what kind of stupid gets put into contracts.

What happened to freedom Elon? 😅

@@Wi2Low yes financial jail. Let us free! He can't just benefit and not us!

wow! what a gift to the crowdfunders@@Wi2Low

These guys are out of touch it's not even funny.

This is explicitly done to stop scalpers, I can tell you didn't even watch the video.

dont like the conditions dont buy the product

​@@mike4402We understand the reason. But bad things shouldn't be allowed simply because they mah have another good reason for it

@@Problemsolver434all you need is teslas approval

​@@Problemsolver434and that's a good reason.

Unless it is the government saying you can't drive it anywhere without paying annual registration fees that it arbitrarily raises at its discretion whenever it wants and without you ever having signed a contract? Or restricting you on some given year from altering or using something you own because it arbitrarily declares the environment will be negatively impacted? If only all these greedy companies would get out of the way and let the real freedom force of government run everything!

LMAO! I feel you man but the truth is no one owns anything in the US anymore. See what happens if you drive with no registration and you get pulled over you will find out real quick that the state owns your vehicle and not you even if you have the title in hand. See what happens if you stop paying property taxes on your house that you own the state will immediately take your home. There is no ownership whatsoever anymore.

@@Feraeondyour boy musk loves the government, they give him billions for his Space-X con. 😂

You sign the contract BEFORE you buy the car. It’s their product and they can decide when and how to sell it. It’s not like you have some God-given right to own their product so if you want it you have to agree to their rules. I don’t really understand why this is so difficult for people😂 know what you’re getting in to before you buy the dang thing.

I’m glad, I hate resellers. If you don’t want it to own then don’t buy it.

I don’t think you can prove Tesla intentionally limits their production of their truck

This is the way.

That’s smart

Shady 😂

Any lawyers in the chat who can confirm this?

​@@ohioplayer-bl9emAnd yet even Elon loves & uses legal loopholes like this. All the wealthy people do.

Exactly. Apparently, people in the comments don’t understand what a contract is. I’m guessing most of them have never had a job before.

* for full price.

On top of that, some people are willing to buy a used one.

Its a cult mindset

Internet clout and/or fanboyism

Not freedom to speculate

That’s right, mr. brand is selling you a brand, not an ideology.

What percentage of Tesla do you think Elon owns ?

freedom for me not for thee - freespeech absolutist

He's a free speech absolutist....in his head. In real life he has done more censorship of ideas and people he doesn't like than Twitter did before him. The fact he bans people that disagree with him in replies should tell you more than enough.

That's stolen 🤣

Bro, the image flipped 5 years before its release.

The PT cruiser was literally made so they didn't have to improve the efficiency of their trucks to meet CAFE. The fact that people bought them was a bonus.

its only 10 years away lol

@@ashishpatel350 They are still working on the flying part 🤣

@@Wi2Low lol 4 years later and double the price with half the range . So yeah it was vapor ware

@@Wi2Low just musk haters regurgitating the same shite over and over again.

@@Sal3600that’s Elon’s fault for publicly disclosing production benchmarks they never hit. The second gen roadster was introduced to the public in 2017 with availability in 2020 and then 6 more production dates Tesla missed with 14 other announced dates also wrong. That’s all on Elon and the mocking has been earned. Why are you defending a company that doesn’t care about you, just like nearly every company?

Flipping just means the market hasn’t adjusted properly, being anti flipping but pro capitalism is ridiculous

@@kiwi2035 LOL no.

@@kiwi2035 There are many that buy something just with the intent on flipping it. This distorts the market for the product. Because they wouldn't be a consumer for that product in normal conditions. All this does is lead to higher prices than they should be.

@@BladeoftheImmortal2005 Isn't that what every trader does? Seems to be an inherent feature of a free market. If you sell something undervalue, because of lack of knowledge or time, it makes sense for someone else that has more patience to try to turn a profit from that. As long as they don't keep it for an extended period of time and just resell it at a higher price, it should not distort the market. However, if they "invest" in it by removing it from the market for an extended period of time, it will inflate the price artificially, that is true. This is what happens to many collectors items, where people that have no interest in actually collecting them buy them in large quantity and keep them as long as the price goes up. If enough do that it creates a bubble that will burst as soon as they see the price drop, while actual collectors are not motivated by profit an would not sell because of that. Happened to coins, stamps, and many other items.

So true, they’re always eating string and stuff, and vet bills are crazy.

More like, your laptop is so rare that its reselling for triple its value so Dell/Microsoft wants $100 for a $600 resale price.

Imagine being dumb enough to pay them cause you sold your truck !

@@diwanthegreat doesn't matter consumers are not responsible for how much inventory a company keeps. if you sell something to a costumer, the rights and responsibility belongs to the costumer.

@@diwanthegreat Cybertruck sells for 100k MSRP, and they charge 50k fee for resale, your 600 to 100 math is wrong. try again

@@limbeboy7 how much you think Cybertruck will resell for right now? There is no way to buy it, even if you are a super rich. The only way, is through resellers so you can imagine it could easily go for 300k of which 50k you pay as fine for breaching the one year contract.

the buyer could easily disrupt the agreement and cause chaos

SMART

The "option to buy" may be enough to take the relationship out of the statute that abolishes "uses and trusts" (a Henry VIII era statute that continues to be reenacted). But you are describing a use and trust. And the statute settles "ownership" in the user, cutting off the title owner (trusted figurehead).

I've never heard of anything like this before in any market.

Too much. I'm a simple man. Me stay away

If you are flipping,then you are a dealer!

@@brunoheggli2888Only rich people complain about flipping. They dont need money so.

I've never seen 3 comments get it so wrong

​@@daso1n282 no fing duh. Who tf spends +100k on a car that doesn't have money

You left out the part about GM not honoring the warranty if you are not the original owner

@@ChrisH421 this is fairly standard in most industries, that doesn't make it right, but this is far, far from a GM only thing

@@flamingscar5263 it's far from standard in the auto industry.

If someone takes Tesla to court over it, Tesla will loose

well Tesla shouldn't have done 100 dollar refundable deposits@@simplevoicereviewssvr6418

@@simplevoicereviewssvr6418 based on what? What about the contract is illegal....this seems like a pretty normal contract to me, although I'm not a lawyer. Two parties freely entered an agreement, and if one party is in violation of that contract...then the pre agreed upon financial penalty is imposed.

@@00000000000101010don’t bother. You’re clearly talking to someone who has never had a job before, otherwise they would know how a contract works.

They became expensive because of the propaganda, not because they were rare, they’ve never been rare, people just bought into the idiotic propaganda of buying a diamonds for engagements to begin with.

There is nothing wrong with dealer markups and with dealer discounts too!

You sign a contract that says you can't sell it for a year. Other car companies do it. You can put anything in a contract and people will sign it if they want the product.

Nope.

Just because you own something doesn’t mean you’re free to do anything you’d like with it

@@keshmo12They have already sold out. These clauses are unenforceable more often than not.

people are not going to risk it@@theoneandonlybosable

Crazy

Selling, or asking for? The first is STUPID people buying into a marketing ploy, the second is a STUPID dealer trying to get idiots to buy into a marketing ploy!

Ferraris don’t accumulate rust in their first week on the road.

@@cxar71Ferraris are barely on the road though so we’ll never know.

@@wole997 Yes, that must be the reason why they don’t get rusty… surely not because rust resistance techniques are so cheap and commonplace nowadays that even 10k$ Chinese cars won’t see rust before being 8/10 years constantly out in the street. 😂

Yeah, the keyword here is “luxury” not “rusty bucket”.

You can do whatever you want with your AP, Ferrari and Porsche, there is no fine. They just won't sell you future rare models, that's it. No fine and other BS.

Then why doesn’t Tesla just sell all their cybertrucks with a bidding system so that they can make scalper prices for each one without rewarding actual scalpers? We have regulations for a reason.

which always seemed funny to me, seeing how you have to right of second sale.........

this isn’t a rare model it’s just a tesla

@@dean._.0.0 it's just new, and I wouldn't drive one even if it was free

@@Nick-jf1il completely agree with you mate

@@dean._.0.0it’s currently very rare but it will become less rare

tesla deposit was 100 dollars refundable. guess how many scalpers put down multiple deposits

Yup, corporate greed at its finance

Well you agree to their terms and conditions when you buy the truck

​@@enadegheeghaghe6369That's true. Unless the company did is best to hide it from you then it is your fault. This wouldn't work if people didn't accept it.

Then you could say I've got some floor mats , you can buy them for 20k.

​@@derekdrummond7544That's what some dealers do to get around laws that don't allow markups.

If I buy something then I own it , I can do whatever I want with it , I can blow it up , I can give it away , I can paint little circles on it , I can cover it with stickers etc . If someone else or a company attaches strings to it , dictates or decides what I can and cant do with it or to it then I dont own it , they do . People sell things for more than they paid for them all the time and people sell things for less than they paid for them all the time . The market decides what something is worth . The whole point of an auction is to hopefully get the highest price you can , bidding wars happen for all kinds of things all the time , things often go for more then they are actually worth simply because more than 1 person wants it badly enough to pay a higher price . If you buy a flag or a bible or anything else nothing stops you from burning them , cutting them into little pieces , pouring paint all over them or burying them in your garden because you bought them, you own them .

Couldn’t agree more!

who’s david

Well they did try the union busting thing in Germany and it did not go well 😂 I would assume consumer rights organisations would also have something to say about this case here .

@@annyjones7228How is this a consumer rights issue??? You can choose not to buy the car.

@@Razzanonymous It's a car that rusts when used like a car. In my country that is very much a consumer rights issue. Especially if they promote it as stainless steel.

Buy high and sell low my friend. The market wins all the time.

You’re complaining about a garbage truck being sold at retail for 500% what it’s actually worth. It’s not diabetes medication. It’s a huge metal paperweight. Who cares if people are scalping it?

You have literally 0 clue about the law if you think a contract that you voluntarily sign wouldn’t be able to be held up in court.

The goal is the other way around. If a company sells something for $100, and in the first few seconds, people buy them all up for the purpose of reselling it for $600 each, then anyone who actually wants to own that thing, will need to pay $600. This allowes the end user, who wants the product, to be able to buy the product for $100. Tesla is not marking the product up. They are making sure no one does.

There are sometimes rules and regulations that stipulate how and when you are able to sell stocks based on when you bought or received them. Granted, that governmental regulation, and not basic contract law.

There are obviously SEC regulations on securities and taxes on gains. Same applies here. Tesla is adding to regulations on vehicle sales. That is my point. If you don’t like it, call your local or state govt and advocate for stiffer regulations on resale of cars. I think you’d be hard pressed to get anywhere on that cause the used car market is being decimated by the lack of new car sales.

This is true for naturally scarce items but in most cases, the scarcity is artificially created by companies to drive up the price. Examples sneakers, drugs, high end luxury cars. How come the Apple Watch or iPhone never run out of stock or have people flipping them for more, neither does a Toyota Camry.

@@Don-is2rldont have to look far, see diamonds and gold.

Tesla doesn’t make any money if u sell it or not. Tesla wants to prevent the people who actually want to own the truck not over pay . They would sell the same amount of vehicles if someone buys it to flip the car to someone for more or if Tesla just sells to that person directly

If you agree to the terms and conditions of buying the truck then yes they can penalise you if you sell the truck

​@@nick.100Then produce enough to sell to people that want to buy it.

@@Gambit771 they are trying to lol u can’t just magically produce millions of cars in the first year of production

He isn't the Wealthiest anymore .... 👍✊

More people are disenfranchised from the product if Tesla uses dynamic pricing. But i mean sure, if you’d really love the cyber truck to be sold at double its msrp, i’m sure tesla stock would stop falling.

HOA's are the devil and often a mandatory evil, its not like you have a choice (especially in this market)

I’d be surprised if the tesla fanatics who bought the truck read the fine print. Most of what Tesla sells is the image of being hip to trendy tech. That image doesn’t appeal to the type of people who read contracts before signing them. They have too much money and not enough time to care.

And dealers provide a lot of promotion for the brand and people can testdrive cars there and can compare all modells from the lineup!A good salesman also will trie to sell you more then just the basemodell if he knows how to deal with diffrent customers,that is worth a lot for the carproducer!

This has been happening with porsche gt cars where people flip for a profit. Porsche is also doing this now to keep the market under control. This is simply done to combat flipping.

You shall not own anything. Your whole life shall be a subscription

Some people in this stupid world actually live that life where 300k is just 30$ to them

Owners are completely free to agree or not to agree to the terms of the sale. “Freedom” does not mean signing a contract and then just ignoring it.

Yeah also at least you can sell it back to Tesla first and it shouldn't depreciate too much based on the buyback amount. The other thing is that you can put a clause in a contract but doesn't mean it's enforceable(can be nulled in court). I'm curious how this would work in US/Canada.

Why?

either ways, it minimizes the scalpers. One or two people that's okay. It's those that mass buy the stock before everyone else gets a chance and then turns around to start selling just like when the PS5 came out.

Then your name would still be on the title. Nobody would pay 100k for a car without the title.

@@mqb3gofjzkko7nzx38 they said you can’t sell it they didn’t say anything about giving it to some one

100% CCP from Elon. Musk has a lot of weight on those granny shoulders.

I’m with you on that. These are luxury toys. Nobody NEEDS a cyber truck. That being said I’m ok with cooperations selling things with agreements. These things are toys if you don’t like Tesla’s policy don’t buy their product

The issue is that scalpers will buy all the available stock, and no one will be able to purchase the product at MSRP.

Seriously? It’s not that crazy. It’s not like Tesla is retroactively forcing this on people who have already bought their vehicles. You have to sign the agreement in order to buy the car. If you want to buy their product, you have to agree to their rules. If you have a problem with it, then don’t buy it. Buying a cyber truck is 100% voluntary🤷‍♂️ plus they mentioned this is a pretty standard practice among all car manufacturers so it’s most definitely legal.

That is an interesting way to look at it, but generally don’t like the idea of a private owner not being able to do what they want with their car. People were mad when dealers were scalping, less so when a person wins. I read this as everyone can win except the “little guy”

No, it's not because "it's tesla". It's because PRIVATE company practice of dictating of your property. you buy it, it's yours, no longer theirs. You can do whatever you want to your property. If they don't agree, they can refuse to service you, blacklist you or void warranty. The best way to fight scalping is to make more of it. Don't make "limited edition" or other bs marketing. Just flood the market

Exactly, good job Tesla at preventing this parasitic behavior.

It's not really scalping if you can just wait for a little while to get it for cheaper

If you buy something, you should be allowed to do whatever you want with it because you own it. This has nothing to do with it being Tesla. If you buy something, you should own it without any control or interface from the manufacturer. You shouldn't need permission to sell a product you own